Keeneland To Handle Sale Of Curlin

Keeneland will handle the sale of the minority share of Curlin, the richest American race horse.

SBG Global RacebookThe deadline is November 5 for potential buyers to submit a sealed bid for the 20% stake in the 2007 Breeders’ Cup Classic winner and Horse of the Year.

A judge had ordered the minority share be sold to help satisfy a $42 million civil judgment against the horse’s minority owners, William Gallion and Shirley Cunningham.

In a separate criminal proceeding, they are accused of bilking clients out of millions in a settlement over the diet drug fen-phen. The first trial ended in a mistrial, and no date has been set for another one.

The 80% majority interest, held by Jess Jackson, isn’t affected by the sale.

Curlin will attempt to defend his title in the Breeders’ Cup Classic on October 25 at Santa Anita Park. The race horse Curlin recently passed Cigar by reaching $10.2 million in lifetime earnings in just two years on the track.

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"Keeneland To Handle Sale Of Curlin" was posted on 15 October 2008 9:46 PM under Horse Racing News, Horses, Special Features


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